Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
Kenyan Shilling/Swiss Franc (FOREX:KESCHF)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KESCHF
The long term trend has been UP since Feb 4th, 2019 at 0.99445
The intermediate term trend has been UP since Mar 7th, 2019 at 1.01305
The short term trend has been DOWN since Mar 13th, 2019 at 1.00450
Smart Scan Analysis for KESCHF
Based on a pre-defined weighted trend formula for chart analysis, KESCHF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).